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UnknownUnicorn2215917
Nov 5, 2019 9:30 PM

DOW SHORT Short

Wall Street CFDFOREX.com

Description

Price has reached TL resistance and I expect bears to come in and drive price back down.

1D: As you can see as price continues to make a new high, the indicator shows price making a flat; this may suggest bearish divergence.

Comment

Price broke higher, the expectation is price is more likely to move 28k and beyond.

Comment

will wait until price moves back into the triangle.

Comment

(Journal) Candles approaching the zone were still in favour of the bulls, retracements approaching the zone were also weak showing the strong up trending environment. It didn't make sense for price to reverse.

Comment

It was a long time coming. But Dow crashed.
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